U-Haul Acquires Self-Storage Location in Maplewood to Meet Demand
On June 18, 2024, U-Haul acquired the former Able Mini Storage property in Maplewood, Minnesota.
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Rhea-AI Summary
On June 18, 2024, U-Haul acquired the former Able Mini Storage property in Maplewood, Minnesota. The site, now known as U-Haul Storage of Maplewood, spans 1.84 acres and offers 262 drive-up self-storage units. This acquisition aims to meet the high demand for self-storage in Ramsey County. The facility is managed remotely by U-Haul Moving & Storage of Maplewood, located less than a mile away. U-Haul plans to hire several new team members locally, including veterans, to support this expansion. The facility operates under extended hours throughout the week.
Positive
- Acquisition of a new property to meet high self-storage demand in Maplewood.
- The facility features 262 drive-up units, expanding U-Haul's service capacity.
- Hiring new team members locally, promoting job growth in Maplewood.
- Veterans given hiring preference, enhancing U-Haul's reputation as a veteran-friendly employer.
Negative
- Potential financial strain due to the acquisition cost of the new property.
- Challenges in integrating the new facility with existing operations.
Details
News Market Reaction – UHAL
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The property, now U-Haul Storage of
U-Haul Storage of
Normal business hours are 7 a.m.-7 p.m. Monday-Thursday and Saturday; 7 a.m.-8 p.m. Friday; and 9 a.m.-5 p.m. Sunday. Reserve self-storage or moving equipment on the U-Haul app or call U-Haul at
"We are excited for the opportunity to grow in
"Both of our full-service stores in
U-Haul intends to hire several new Team Members at the parent store to support the remote facility. U-Haul will look to hire locally to promote job growth in the
About U-HAUL
Founded in 1945, U-Haul is the No. 1 choice of do-it-yourself movers with more than 23,000 rental locations across all 50 states and 10 Canadian provinces. The U-Haul app makes it easy for customers to use U-Haul Truck Share 24/7 to access trucks anytime through the self-dispatch and -return options on their smartphones with our patented Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to 188,700 trucks, 139,400 trailers and 43,700 towing devices. U-Haul is the third largest self-storage operator in
Contact:
Yasmine Esparza
Jeff Lockridge
E-mail: publicrelations@uhaul.com
Phone: 602-263-6194
Website: uhaul.com
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SOURCE U-Haul
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